Should I bank cord blood?
The American Academy of Pediatrics advises against paying to bank a newborn’s cord blood because it’s very rarely used or effective as a treatment option if the child later becomes sick, mainly because the cord blood will likely carry the genetic mutation that caused the illness.
The exception when considering paying a private company to bank cord blood is if the newborn has a sibling with a life-threatening condition that doctors say might be treated using stem cells from the healthy newborn’s cord blood.
Then why do so many companies say parents should bank their cord blood?
Because there is a lot of money at stake.
Cord blood banks have grown rapidly in recent years, making it a very competitive market. Most of the information promoting cord blood bank comes from marketing messaging, not health authorities.
Why should I trust you?
In doing thorough research on this topic, we found these to be the most useful and factual sources. We recommend reading them if you’d like more in-depth information:
- “Should We Bank Our Newborn’s Cord Blood” by HealthyChildren.org.
- “Cord Blood Banking for Potential Future Transplantation” by the American Academy of Pediatrics.